Current Use by Public Records
- Apartment buildings
Property Details for 0 Undisclosed
- Year built
- 1982
- Property type
- Apartment buildings
Description
This exceptional multifamily investment opportunity encompasses a portfolio of three apartment complexes totaling 74 units, situated in the vibrant Osage Beach, Missouri, area (zip code 65065). Built between 1982 and 2005, with significant renovations completed between 2018 and 2023, these properties boast a remarkable 100% occupancy rate. The portfolio currently generates a substantial Net Operating Income (NOI) of $511,196, yielding an attractive 7.70% capitalization rate. Each of the three, two-story buildings is zoned R-3, offering flexibility and potential for future development. The properties are offered fee simple, with no ground lease, providing complete ownership control. All units are meticulously maintained, and a rigorous tenant screening process ensures consistent high occupancy and low turnover. This stabilized investment presents a rare opportunity to acquire a well-managed, high-performing apartment portfolio in a desirable and growing lakeside community. The asking price for this turnkey investment is $6,600,000. This portfolio represents a compelling investment opportunity with significant potential for long-term growth and strong returns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Osage Beach
- County
- Miller
- State
- Missouri
- Longitude
- -92.6686
- Latitude
- 38.1281
